Funding you earn now, next payment 06:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: Lighter against Markets by Kinetiq+0.116%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.116% dearer against Markets by Kinetiq than usual: you sell high and buy low (spread +0.116% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 28 days. At the pace of the last 7 days (−0.099% in total) that is about 8.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Markets by Kinetiq mkts:SMALL2000 | 285.42 | 0.0046 | pay 0.0006% / 1h | 45m 42s | $566K | $371K | 20x |
| Short | Lighter IWM | 285.75 | 0.0032 | get 0.0004% / 1h | 45m 42s | $75K | $19K | 10x |
Markets by Kinetiq mkts:SMALL2000
Lighter IWMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Markets by Kinetiq. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.87
- Price spread: +0.116% → 0.000%
- $11.56
- Slippage, 4 orders
- no order book: not counted
- Fee Markets by Kinetiq: 0.81 bp × 2 orders
- −$1.62
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $7.07
- Costs to cover
- 0.016%
- Break-even
- from the start
Slippage unknown: Markets by Kinetiq: live order book, 30 min ago; Lighter: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Markets by Kinetiq live order book, 30 min ago | 2.80 bp | 5.9 bp −$6 | 42.0 bp −$420 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
IWM on 17 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster IWMUSDT | 0.0000% | 8h | 285.69 | +0.094% | $2K | $221 | 20x | as long as short |
| Bybit IWMUSDT | 0.0000% | 8h | 285.57 | +0.053% | $554K | $61K | 25x | as long as short |
| OKX IWM-USDT-SWAP | 0.0000% | 8h | 285.77 | +0.123% | $400K | $117K | 20x | as long as short |
| Gate IWM_USDT | 0.0000% | 8h | 285.92 | +0.175% | $609K | $159K | 20x | as long as short |
| Bitget IWMUSDT | 0.0000% | 8h | 285.87 | +0.158% | $443K | $14K | 20x | as long as short |
| Variational Omni IWM | 0.0000% | 8h | 285.90 | +0.168% | $160K | $207K | — | as long as short |
| SunX IWM-USDT | 0.0000% | 8h | 285.96 | +0.189% | $1K | $467K | 10x | as long as short |
| HTX IWM-USDT | 0.0000% | 8h | 286.22 | +0.280% | $552 | $37K | 20x | as long as short |
| Phemex IWMUSDT | 0.0000% | 8h | 285.95 | +0.186% | $766K | $79K | 10x | as long as short |
| MEXC IWM_USDT | +0.0006% | 8h | 285.80 | +0.133% | $886K | $82K | 50x | as long as short |
Aster IWMUSDT
Bybit IWMUSDT
OKX IWM-USDT-SWAP
Gate IWM_USDT
Bitget IWMUSDT
Variational Omni IWM
SunX IWM-USDT
HTX IWM-USDT
Phemex IWMUSDT
MEXC IWM_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin IWM-USDT | +0.0009% | 8h | 285.95 | +0.186% | $65K | $32K | 20x | as long as short |
| Binance IWMUSDT | +0.0010% | 8h | 285.96 | +0.188% | $1.1M | $1.1M | 20x | as long as short |
| Lighter IWMshort | +0.0032% | 1h | 285.75 | +0.116% | $75K | $19K | 10x | |
| Markets by Kinetiq mkts:SMALL2000long | +0.0046% | 1h | 285.42 | long leg | $566K | $371K | 20x | |
| Vest IWM-USD-PERP | +0.0046% | 1h | 285.44 | +0.007% | — | — | 25x | as long as short |
| KuCoin IWMUSDTM | +0.0100% | 8h | 285.89 | +0.165% | $139K | $853K | 20x | as long as short |
| GRVT IWM_USDT_Perp | +0.0643% | 8h | 285.93 | +0.177% | $286 | $108K | 10x | as long as short |
BloFin IWM-USDT
Binance IWMUSDT
Vest IWM-USD-PERP
KuCoin IWMUSDTM
GRVT IWM_USDT_Perp